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SHAREHOLDERS’ EQUITY (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
SCHEDULE OF REGULAR QUARTER DIVIDEND PAYMENTS

During 2024 and 2023, upon approval of the Board of Directors (the “Board”) the Company has declared and paid regular quarterly dividends, as set forth in the following table:

 

Dividend Declared     Dividend Paid  
Date     Price Per Share     Date     Amount  
December 5, 2024   $ 0.34     January 7, 2025   $ 3,432,000  
September 11, 2024   $ 0.34     October 8, 2024   $ 3,432,000  
June 12, 2024   $ 0.34     July 10, 2024   $ 3,432,000  
March 28, 2024   $ 0.33     April 24, 2024   $ 3,331,000  
December 6, 2023   $ 0.33     January 4, 2024   $ 3,332,000  
September 11, 2023   $ 0.33     October 6, 2023   $ 3,331,000  
June 13, 2023   $ 0.33     July 7, 2023   $ 3,332,000  
March 28, 2023   $ 0.32     April 24, 2023   $ 3,229,000